Utah Statutes
§ 54-4-24 — Depreciation accounts and fund.
The commission shall have power to require any or all public utilities to carry a proper and adequate depreciation account in accordance with such rules, regulations and forms of account as the commission may prescribe. The commission may from time to time ascertain, determine and, by order, fix the proper and adequate rates of depreciation of the several classes of property of each public utility. Each public utility shall conform its depreciation accounts to the rates so ascertained, determined and fixed, and shall set aside the money so provided for out of earnings and carry the same in a depreciation fund and expend such fund only for such purposes and under such rules and regulations, both as to original expenditure and subsequent replacement, as the commission may prescribe. The inco
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Legislative History
No Change Since 1953
Nearby Sections
15
§ 54-1-12
Deposit of funds.§ 54-1-2
Powers and duties.§ 54-1-2.1
Alignment with state energy policy.§ 54-1-2.5
Procedures -- Adjudicative proceedings.§ 54-1-4
Official seal.§ 54-1-5
Office and office hours.